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Samsara Luggage (Samsara Luggage) ROA % : -62.79% (As of Mar. 2024)


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What is Samsara Luggage ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Samsara Luggage's annualized Net Income for the quarter that ended in Mar. 2024 was $-4.00 Mil. Samsara Luggage's average Total Assets over the quarter that ended in Mar. 2024 was $6.37 Mil. Therefore, Samsara Luggage's annualized ROA % for the quarter that ended in Mar. 2024 was -62.79%.

The historical rank and industry rank for Samsara Luggage's ROA % or its related term are showing as below:

SAML' s ROA % Range Over the Past 10 Years
Min: -6300   Med: -342.41   Max: -34.18
Current: -34.18

During the past 13 years, Samsara Luggage's highest ROA % was -34.18%. The lowest was -6300.00%. And the median was -342.41%.

SAML's ROA % is ranked worse than
96.74% of 1072 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.855 vs SAML: -34.18

Samsara Luggage ROA % Historical Data

The historical data trend for Samsara Luggage's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Samsara Luggage ROA % Chart

Samsara Luggage Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -320.82 -271.11 -640.44 -363.99 -80.67

Samsara Luggage Quarterly Data
Apr19 Jul19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -340.61 100.26 -1,850.51 4,436.36 -62.79

Competitive Comparison of Samsara Luggage's ROA %

For the Footwear & Accessories subindustry, Samsara Luggage's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Samsara Luggage's ROA % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsara Luggage's ROA % distribution charts can be found below:

* The bar in red indicates where Samsara Luggage's ROA % falls into.



Samsara Luggage ROA % Calculation

Samsara Luggage's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-0.144/( (0.345+0.012)/ 2 )
=-0.144/0.1785
=-80.67 %

Samsara Luggage's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-4/( (0.012+12.729)/ 2 )
=-4/6.3705
=-62.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2024) net income data. ROA % is displayed in the 30-year financial page.


Samsara Luggage  (OTCPK:SAML) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-4/6.3705
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4 / 4.396)*(4.396 / 6.3705)
=Net Margin %*Asset Turnover
=-90.99 %*0.6901
=-62.79 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Samsara Luggage ROA % Related Terms

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Samsara Luggage (Samsara Luggage) Business Description

Traded in Other Exchanges
N/A
Address
135 East 57th Street, Suite 18-130, New York, NY, USA, 10022
Samsara Luggage Inc designs manufactures and sells high-quality luggage products to meet the evolving needs of travelers. The company generates revenues through the sale and distribution of smart luggage products.
Executives
Atara Dzikowski director, 10 percent owner, officer: Chief Executive Officer YITZCHAK RABIN STREET 16, KIRYAT ONO L3 5551021
David Dahan director, 10 percent owner, officer: Chief Technical Officer YITZCHAK RABIN STREET 16, KIRYAT ONO L3 5551021
Chizkiyahu Lapin director 5 ARIEL STREET, JERUSALEM L3 000000
Avraham Bengio director, 10 percent owner, officer: See Remarks 7 ELIEZRI STREET, JERUSALEUM L3 00000
Israel Chaim Povarksy director, officer: Secretary 17 AGRIPPAS STREET, JERUSALEM L3 00000